When it opened, the ride showcased greatly improved engineering over the Flip Flap Railway. The track was made out of steel, the vertical loop was larger and, most importantly, it was an ellipse shape, which pulled relatively few g's and was therefore a lot safer.
Sadly, the public were more inclined to watch the ride than ride it, meaning a charge on admission to the viewing area was used. The ride was ultimately unsuccessful, closing in 1910.
During the loop, there were additional rails that went over the top of the wheels, preventing the car from falling from the track. It is a precursor to underfriction, using extra rails rather than extra track.