The Ragman is really a reporter for the Daily Times named Jay Garson Jr. He had no superpowers and used two pistols to fight crime. He wore his rags to look poor and be unassuming to the criminal element. This allowed him to get a jump on thugs who believed there was nothing to fear. He also wore a bullet proof vest underneath his costume. He also had a sidekick like many Golden Aged heroes named Tiny. A couple of his villains were The Ghost and Stinger.
The Golden age Holyoke
Ragman has nothing to do with the character in DC Comics
. He was created in 1941 and first appeared in the comic Cat-man Comics
. As it happens because of Copyright and trademark laws the Holyoke Ragman in now public Domain.