This quote, said by Sir Francis Bacon, means to say that the more knowledge you have, the more you can do, which leads, in a sense, to having power.
This quote was said during the age of enlightenment, when many new theories and ideas were being formed; if you had more knowledge, you were able to think for yourself, which was in itself a powerful thing to do because in those days, people just accepted what the ruler of the country said and would not challenge them.
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The more you know, the more power you have to make decisions. This is why the world is ruled by smart people and not by dumb ones. They're smart enough to learn as much as they can and use that information to get on top and stay there. They learn what stocks to buy and when to run for office and how to succeed at whatever business they're running ... if you have a lot of information and know how to use it, you can basically be as powerful as you want to be.
Generally, if you know something and another person doesn't have that information, you have the advantage in certain situations. As a simple explanation - I watch TV and the weatherman said it will rain. Jim phoned me and asked me whether I thought it would rain. I told him no, it's not going to rain. Then, I took my umbrella with me. Jim didn't. When Jim asked me whether it will rain - I could have said yes and that I saw it on TV. At that moment I had the power to tell him yes or no.
if you are in a situation and you know something others do not know, you are likely to have advantage over them.
figure of speech according to categories
figure of speech is a kind of a style. the credit of this is point of figure.
They are verbs
The figure of speech in the first line is Simile.
Simile