I'd ignore the data in the book and work out the numbers as follows.
First, I'd cut the other way round, ie, 5mm deep and 1.5mm wide. You're paying for the whole length of the flutes, so you might as well use them. Personally I'd use a smaller cutter, but let's stick to the 16mm cutter for the purposes of the calculations.
For a HSS cutter in low carbon steel we want the surface speed to be on the order of 30m/min. So, for a 16mm cutter that gives about 600rpm. We'll stick to a width of cut of 5mm. If we assume a conservative chip load of 0.05mm (about 2 thou) and four flutes that gives a feedrate of 120mm/min. You could probably up the feedrate because even at a width of cut of 5mm you're going to get chip thinning. In other words the thickness of the chip is rather thinner than the calculated 'chip load' suggests, so you can up the feedrate.
Let's look at some power calculations. A width of cut of 5mm, depth of cut of 1.5mm and a feedrate of 80mm/min is a volume of 600mm^3 per minute. That's 0.037 cubic inches per minute, which is very low. A rule of thumb is that 1hp at the spindle will remove 1 cubic inch per minute.
If we look at the data from the book a tooth load of 16/1000 = 0.016mm is about 0.6 of a thou. That's pretty low; my guess is that your cutter was rubbing rather than cutting, which is why the chips were hot and the cutter got blunted.
If there's one rule for milling it's that very low chip loads are not inherently better, and somehow 'safer'. All that happens is that the cutter rubs instead of cutting.
I hope that gives some food for thought; let us know how you get on.
Regards,
Andrew