Actually, the ORIGINAL intent was that it did indeed put limits on the states (see William Rawles, "A View of the Constitution", written by an eminent jurist of the period). The "not applicable to the states" was invented by Southern jurists to avoid Federal interference with slavery.
An interesting work, but do you really consider 1830 "of the period?"
Nope. Rawles wrote his View in 1829. Tucker's was the first to be approved and printed by Congress in 1803 [See link in post #27].
Joseph Story wrote his in 1833, and says the exact same thing as Tucker.
§ 312 But a contract of this nature actually existed in a visible form between the citizens of each state in their several constitutions. It might, therefore, be deemed somewhat extraordinary, that in the establishment of a federal republic, it should have been thought necessary to extend its operation to the persons of individuals, as well as to the states composing the confederacy
I am familiar with Rawles work, and cannot recall any such statement. I would appreciate your providing the Book/Chapter/Section to support you assertion.