“It is scarcely possible to calculate the benefits which we might derive from the diffusion of European civilisation among the vast population of the East. It would be, on the most selfish view of the case, far better for us that the people of India were well governed and independent of us, than ill governed and subject to us; that they were ruled by their own kings, but wearing our broadcloth, and working with our cutlery, than that they were performing their salams to English collectors and English magistrates, but were too ignorant to value, or too poor to buy, English manufactures. To trade with civilised men is infinitely more profitable than to govern savages. That would, indeed, be a doting wisdom, which, in order that India might remain a dependency, would make it an useless and costly dependency, which would keep a hundred millions of men from being our customers in order that they might continue to be our slaves.”

"From his Speech in Parliament on the Government of India Bill, 10 July 1833. Quoted from Koenraad Elst, The Argumentative Hindu (2012) Chapter 3

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Thomas Babington Macaulay, 1st Baron Macaulay 101
British historian and Whig politician 1800–1859

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