“ I have traveled across the length and breadth of India and I have not seen one person who is a beggar, who is a thief. Such wealth I have seen in this country, such high moral values, people of such caliber, that I do not think we would ever conquer this country unless we break the very backbone of this nation, which is her spiritual and cultural
heritage, and, therefore, I propose that we replace her old and ancient educational system, her culture, for if the Indians think that all that is foreign and English is good and greater than their own, they will lose their self-esteem, their native culture and they will become what we want them, a truly dominated nation ”

Read more here

http://www.languageinindia.com/april2003/macaulay.html

thanks to nukkad for the information and link

http://www.mumbai-central.com/nukkad/jan2008/msg00226.html