This does sound like the old Stacreep system from AEI / BTH and I sold some to Wharton Cranes.
The controlled motor, be it hoist or travel, is a slip ring motor and on the lowest speed the rotor frequency is fed through a transformer to the brake thrustor motor. A simple AC motor operates the thrustor, on the brake mechanism, and as the input frequency changes, so does its speed and, hence, the pressure on the brake drum.
If we consider the hoist motor. As the load descends quickly, the frequency on the sliprings decreases: the thrustor motor slows and the brake is applied more heavily, slowing the hoist motor. The hoist motor speed soon reaches an equilibrium, which can be adjusted by the various springs on the brake.
The transformer in the crab control panel converts the rotor volts to the thrustor motor voltage.
This controlled speed operates on the first step only: after the first step, conventional rotor resistance control is used. The thrustor motor is then connected to the mains supply and lifts the brake mechanism clear of the brake drum.
I haven’t worked on a Stacreep system since the late 1960’s, but I have typical circuit diagrams somewhere – contact me!