Not my understanding of it and I don't know any better reference than 20 "I make no apology for having dwelt so long on the contemplation of these federal precedents. Experience is the oracle of truth; and where its responses are unequivocal, they ought to be conclusive and sacred. The important truth, which it unequivocally pronounces in the present case, is, that a sovereignty over sovereigns, a government over government, a legislation for communities, as contradistinguished from individuals; as it is a solecism in theory; so in practice, it is subversive of the order and ends civil polity, by substituting violence in place of law, or the destructive coertion of the sword, in place of the mild and salutary coertion of the magistracy."
I expect the lost battle of the "Girondins" in France and Europe difficulties to very soon demonstrate  how accurate this can be.
"This unhappy people seem to be now suffering from popular convulsions, from dissentions among the states."