Greetings John and welcome to the forum. If you have HD8 carbs with a straight manifold, it sounds like someone has put a manifold/water rail with HD8 carbs from a 420 onto your Mark. This should give you about 20 more horsepower.
The 70 degree temperature is normal. Actually, anything from 70 to 90 degrees is normal so you are doing very well at 70 degrees. There are no problems with your water pump or cooling system.
I had exactly the same problem. Regardless of what you think, the front carb is not shutting off and it is causing the Aux carb to flood. You HAVE to make sure the lift arm that is pushed up by the float is not loose at all. BOTH arms on the lift have to come up at the same rate. If the arm comes up at an angle, the jet valve will leak and not shut off properly.
Forget the 7/16" spacing. It is a guideline. Bring the car to temperature. Shut it off. Pull the domes and pistons off the carbs and set them aside. Do not mix them up. Make sure the front goes back on the front. Disconnect the postive wire from the coil and protect it. Turn the ignition key and start the pumps. The petrol should pump until the float chambers shut off. Look into the carbs and you will see a brass ring center. Inside the brass ring center will be another brass circle which is the top of the jet. Petrol should be sitting at the top of the inner circle on both carbs. If it is not, you need to adjust the floats to make sure they are.
Stick the pistons, without the domes back into the carbs. Re-connect the coil wire and start the car. It should idle smoothly. You can observe now what is happening with the petrol flow.
You need to also make sure the needle is seating properly in the AUX carb. Also check with a meter as to whether you have power to the AUX carb when the car is at temperature. If you do you ahave abad otter switch or someone put an XKE otter in which operstes the opposite of the saloon switch.
Webserve