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Picked this up beside a dumpster, number shows it to be a 54
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What is the story with those front brakes? That is new to me.
Those are early Schwinn accessory bolt on cantilever brakes. They were popular klunker upgrade brakes from what I understand but may have had the tendency to slip a little and not be super strong brakes. The better upgrade for early downhill race klunkers was adding braze-on canti mounts to the fork of choice when cantis became more widely available. Drum brakes were popular, of course, but heavy. If you can find a set of these Schwinn accessory canti brakes they can be quite expensive.
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Early Breezer with braze-on canti brake mounts
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