The first ruler of england to acknowledge the possibility of generating a profit from the english colonies was

The answer is "Oliver Cromwell".

Oliver Cromwell was the first ruler of England to acknowledge the possibility of generating a profit from the English colonies. Born in 1599 in Huntingdon, England Oliver was an English military and political leader and later Lord Protector of the Commonwealth of England, Scotland, and Ireland.

Of the revolutions of 1848.