I've gone thru most of the material I have at my disposal,(a considerable task), and I can't find anything that amounts to a history. Are you just curious, or considering doing one? It would certainly be an interesting project.
As I mentioned, GM has a large chapter on the R/C's, and if you read carefully you'll find things like: "...was ascribed to DeKolta. Later research proves that this improvement was invented by Hofzinser...", or "...Another very effective method was used by Robert Heller. He showed an old broom which he said had been the property of an old witch in New England on which she used to ride...", or "...invented almost a century ago by Professor Alberti, is still one of the most elegant of drawing room tricks...", or "...We have the authority of Professor Hoffmann for saying that Hartz was the first wizard to work the rising cards in its' most magical form..."
Aalso there are methods attributed to Howard Thurston, Robert Stull, Dr. Hooker, R.W.Hull, A.P.Neyhart, M.Ceillier, M. Guimard, Henry Gordien, Harlan Tarbell, Donald Holmes, Cardini, Jack McMillen, S. Leo Horowitz, Adrian Plate, Bautier DeKolta, etc.
Books that may contain references are either mentioned or inferred in/by the text: Hilliard's own "The Art of Magic", M. Ceillier's "Manuel Pratique d'Illusionisme et Prestidigitation", Thurston's small book "Howard Thurston's Card Tricks", Professor Hoffmann's "Modern Magic", or any of the other texts by him that may include information of the R/C, etc.
As you can see, GM IS a remarkable resource for methods and for reference, both direct and deduced, for developing a history of the effect.
Another interesting possibility is the magazines the magic fraternity is so fond of publishing. Advertisements for hundred of different Rising Card effects have been offered over the years. I listed dozens off the top of my head on another website. Dr. Albos collection included so many that I lost count. I handled dozens of different type myself when I worked for Marvin Burger, from homemade articles like J.G Thompson's own model as described in "My Best", to the Burtini Card Rise, and all those in between, including versions made by Martin, Andrews, Al Baker, Neyhart, Merv Taylor, Thayer, P&L, Davenport, Ken Brooke, Anverdi, etc.
Hope this has been helpful,