Exploding water pumps? Difference in early 273 water pumps vs later 1970s 318 pumps

But I see you are running a tiny fan pulley, looks to be extremely small. My guess is that the ratio is something like 8 to 5=60 effing percent overdrive!
that means your pump is spinning 60%faster than the crank. And that means by 5000 crank rpm, the pump would be doing over 8000.
It might be a 6 1/2 inch crank pulley but good catch on the water pump pulley size