Yes, it's the most suitable; it just doesn't make sense to have a "devil of the pit" or a "demon of the pit."
Bow down and hear our cry,
Our earthly rulers falter,
Our people drift and die,
The walls of gold entomb us,
The swords of scorn divide,
Take not thy thunder from us,
Take away our pride.
G.K. Chesterton: English Hymnal