That would be option number two, Patrick Henry was a patriot who only wanted freedom, so he basically said, " I want liberty or I will die trying"
Hypothesize is a is a hypothesis, which means a guess based off of limited evidence. A sentence starting with this could be "Hypothesize about this, the woman wasn't home at that time, so does that mean she could have committed the murder?" Or something along that line.
Hope I could help!