This is an ambitious effort for a movie made in 1901. Not only is the plot rather involved, taking several scenes to tell the whole story at a time when most narrative movies consisted of only a handful of developments at the most, but it also experiments with its techniques. Not all of it works, but despite some flaws, it's interesting, and it's relatively successful at what it set out to do.
The story combines a morality play, of the kind that became very common over the following decade, with a couple of efforts to provide commentary and/or additional background on the events. None of that was entirely new, but it was rather enterprising to try to put so much together at once. The story itself is not so interesting as some of the ideas that they used in filming it.
In terms of technique, the highlight is a dream sequence that fills in the audience on the background of the criminal who is the main character. The technical side now looks rather crude, but it was certainly a worthwhile effort, and at least the idea was good, as an attempt to add some depth to an otherwise straightforward story.
Another experimental device is the use of dissolves each time the scene changes. There's no reason why it couldn't work, and this was not the only movie of the era to try it, but of course it did not catch on. Still, the combination of distinctive features gives this short movie some interest over and above the story content and the sometimes rudimentary techniques.