But knowledge of this must on no account blind us to the fact that in effect we took over the old machinery of state from the tsar and the bourgeoisie and that now with the onset of peace and the satisfaction of the minimum requirements against famine all our work must be directed towards improving the administrative machinery

What is the correctly punctuated version of this sentence?
But knowledge of this must on no account blind us to the fact that, in effect we took over the old machinery of state from the tsar and the bourgeoisie and that now, with the onset of peace and the satisfaction of the minimum requirements against famine, all our work must be directed towards improving the administrative machinery.