First of all, there should be only 2 hoses to your
power steering. One is called the high pressure side and the other the low
pressure side. The high pressure side may have blown a hole and sprayed
steering fluid (which may actually be automatic transmission fluid used in most
of those cars) all over and soaked at least the drivers side disk brake which
would have reduced braking by 50% and the steering would also have pulled to the
right while braking.
Now I don't know if you have disk brakes or not but
probably so if it's a 70 Imperial.
As for your overheating, the power steering fluid
being sprayed around probably soaked your fan as well. And its the fan
belts that run your water pump for cooling the engine and the belts would be
oily and slipping thus not turning the pump nearly as fast to cool the
engine.
It is normal for the temperature gauge to go a
little higher when you shut off the motor.
Chris
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