[1] Artcraft is typical of the turn-of-the-century's Chicago School of Hand Lettering: a decorative serif design intended for advertisement text more than book body setting.
Other types based upon advertising and hand-lettering were developed around the same time, such as Frederic Goudy's Pabst (1902) and Powell (1903), as well as Oz Cooper's Packard (1913).
[2] Artcraft was copied for machine composition by Monotype and for hand casting by Ludlow.
[3] There is also a face known as Art and Craft cast by Stephenson Blake which might be the same thing.
[4] The face was later made available in cold type and digital versions are now offered by the Font Company, URW++, and Ascender Corporation.