coasterbrakelockup
Join Date: Nov 2004
Location: parts unknown
Posts: 824
Bikes: surly steamroller w/coaster brake, electra single speed cruiser, specialized rockhopper commuter, no-name single speed folder, 700c ultimate wheel, 24" unicycle, specialized bmx lsd, single seat single speed huffy tandem, pink upsidedown parade bike
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Definitely ask in the vintage forum. If anyone knows how to make the most of rod brakes, they will.
If you want to keep the stock rims/tire size you could re-lace the rear wheel to a coaster (backpedal) brake hub. That way you could keep both rod brakes and add a 3rd brake that won't fade in the rain.
Depending on how wide of a rear hub the bike will take you could use an internal-gear hub with a drum brake. You could also replace the front hub with a drum brake as well (depending on spacing), but drum brakes would require different brake levers and disconnecting the rod brakes.