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In proportion to the extent that commerce assumed definite control of — Mammon

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"In proportion to the extent that commerce assumed definite control of the State, money became more and more of a God whom all had to serve and bow down to. Heavenly Gods became more and more old-fashioned and were laid away in the corners to make room for the worship of mammon. And thus began a period of utter degeneration which became specially pernicious because it set in at a time when the nation was more than ever in need of an exalted idea, for a critical hour was threatening."
Mammon
Mammon
Mammon
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Mammon in the New Testament is commonly thought to mean money, material wealth, or any entity that promises wealth, and is associated with the greedy pursuit of gain. The Gospel of Matthew and the Gospel of Luke both quote Jesus using the word in a phrase often rendered in English as "You cannot serve both God and mammon."

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"Of course the avaricious man of our day, be he landlord, merchant, industrialist, does not adore sacks of coins or bundles of banknotes in some little chapel and upon some little altar. He does not kneel before these spoils of other men, nor does he address prayers or canticles to them amidst odorous clouds of incense. But he proclaims that money is the only good, and he yields it all his soul. A cult sincere, without hypocrisy, never growing weary, never forsworn. Whenever he says, in the debasement of his heart and his speech, that he loves money for the delights it can purchase, he lies or he terribly deceives himself, this very assertion being belied at the very moment he utters it by every one of his acts, by the infinite toil and pains to which he gladly condemns himself in order to acquire or conserve that money which is but the visible figure of the Blood of Christ circulating throughout all His members."
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"By Mammonism is to be understood: on the one hand, the overwhelming international money-powers, the supragovernmental financial power enthroned above any right of self-determination of peoples, international big capital, the purely Gold International; on the other hand, a mindset that has taken hold of the broadest circle of peoples; the insatiable lust for gain, the purely worldly-oriented conception of life that has already led to a frightening decline of all moral concepts and can only lead to more."
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