are you running a thermostat and what temparure is it . cadillac engines have a bypass built into the block .the thermostat controls this bypass when it opens it has a round disk the risticts the passage. currently there is the stock 190 degree and someplaces you can get a 180 ordered in
by not running a thermo the water will just be recirculated through the pump and motor however some water will go through the radiator and cool the engine. I know of some direct drives that run with out thermo,s , reductions will usually run hot. I don't recomend this but i have blocked the bypass hole on one or two cads and replaced the cadillac thermo with a lower degree standard no restrictor disc thermo, and that works but you have to look out for high block water pressure . I drill small holes in the thermo to bleed off water pressure. or run no thermo at all wich may be alright . my old caddy is running a 2:1 belt with the bypass blocked with a 160 termostat at cruise or wot it runs about 175 wich is just fine for me. hope i haven,t confused you to much