I don't know if this is a 3ph hoe, and by 'lift' you mean with the 3ph. First, let me say that the hitch on a 3ph hoe that is properly installed is not supposed to lift. It's extremely dangerous if a hitch can lift with an operator in the hoe seat. The operator gets crushed between the hoe console and the ROPS.
I'm also not sure what is meant by 'auxiliary hydraulic system.' The term makes me think of a PTO hydraulic pump, but that may not be the case.
If the 'hiss' is more like a 'howl,' then it's probably a pressure relief valve, and it's not good to run a tractor for long when a relief valve is opening. The oil overheats. If it's a relief valve, there's a good chance that either the 3ph is in a raise position, or one of the hydraulic control levers (loader etc.) is not centred.
My 3ph hoe gets its hydraulics from a rear pair of lines, which are fed through a control valve. I have to hook up the hoe lines, and then hold the control valve open with a bungee cord to route a continuous oil flow to the hoe and back to the return through the control valve. My 3ph is behind the loader control valves, so the 3ph won't lift while any control valve is operated.
Anyway, I'd get a condition something like you describe if I hooked up the hoses, bungeed the valve open, but one of the hose connections wasn't completely made. In such a condition, there is no return path for the oil except through a relief valve. I also could get this condition if I properly mounted the hoe on the 3ph while the hoe was on the ground. As noted, it's not supposed to raise. If I tried to lift it with the 3ph, the relief valve would just open.
My 3ph mount requires 3 top links to be in place for the hitch to be locked down. The only time my hoe is mounted and the 3 links are not in place is when I trailer the tractor and hoe. Sometimes it helps to raise the hoe above its normal operating position with the 3ph. First thing off the trailer, the link goes back on. If this is a 3ph hoe, you should be 100% clear on how the mount works. It's extremely dangerous if you're not.