Leesah Sea’s review published on Letterboxd:
This silent horror film isn't what anyone would call scary by today's standards but I imagine this was quite horrifying to audiences in 1921. It turned out that I liked this a lot more than I thought I was going to.
The score throughout the entire film was exactly on point. It's amazing how music was used so effectively in older films to create an emotional roller coaster ride to provoke so many feelings amongst the audience. If we were to strip out all talking/noises and just leave the music for the major of today's films, we would probably have no idea what was going on and wouldn't have much of an emotional response.
I also enjoyed the double exposure being used to portray the ghosts and the carriage. I felt like it was an effective method for the time period of the movie and didn't overuse it too much.
While watching this I was reminded of two other films. A Christmas Carol came to mind based on the story that was being told. Some of it wasn't evident until near the end, but I swear an angel got their wings.
The second - The Shining. It looks like Kubrick paid tribute to Victor Sjostrom by using the scene from The Phantom Carriage as inspiration for the "Here's Johnny" scene in The Shining.
See both scenes here: