NO, it most certainly does not!
Feeneyites get it all wrong. They are overly simplistic, they want everything to make perfect sense to their average-IQ brain. When you're dealing with God and His works, good luck with that! St. Thomas Aquinas with his powerful and deep intellect might come a lot closer than most -- but Joe Sixpack can forget it!
If Feeneyism were the "traditional Catholic" position on Baptism of Desire, it wouldn't be called Feeneyism!
For the good-willed people in the bleachers, here's the Catholic teaching on Baptism of Desire:
God can dispense His grace to whom He wills. God calls all men to salvation, but He doesn't give the same grace to all. Some are born to pagan families, others to staunchly Catholic ones. How is that fair? We can't look into the mind of God. God is far above us, and much concerning Him is a mystery which we must humbly learn to live with.
Catholic doctrine also states that all men in Hell are there *of their own fault*. They chose themselves; they said "NO" to God, echoing as it were the "Non Serviam!" of Lucifer. Each damned soul knows that it was just for God to send him there. At some point during his life, he failed the test and chose himself over God -- just like plenty of Catholics do! God, in His infinite wisdom, knows the best time to cut off each life, and when to stop sending His grace. He is merciful even in His justice -- He doesn't want a soul heading for Hell to be guilty of even more sins, and thus suffer greater pains for all eternity. Remember that God (alone) knows the contingent future -- the results of each free-will choice. The angels and devils are really good guessers, being so highly intelligent and experienced, but they can never KNOW IN ADVANCE what we will choose with our Free Will.
So there are probably souls here and there who have not been baptised, but would be saved if they died today.
How does it follow from this that "Missionaries might as well stay home!"?
Let's see, how about the fact that pagan societies are inimical to the development of virtue. There are countless obstacles in the way of salvation even in a country like America with Catholic churches and priests all over the place, or even a Catholic country like France back in the heydey of Christendom -- how much more difficult would it be in a pagan society where there is no "safe haven" for one's Faith? And is it not of vital importance to receive the Sacraments -- with the attendant graces attached to them -- to help us reach salvation? And which of us doesn't need the guidance of holy priests to direct our ship of our soul to its port? As the wise saying goes, "A man who is his own spiritual director is the disciple of a fool."
That is why Our Lord commanded His apostles to go out into the whole world, baptising and making disciples of all nations. He also said:
(John chapter 4)
[35] Do you not say, There are yet four months, and then the harvest cometh? Behold, I say to you, lift up your eyes, and see the countries; for they are white already to harvest. [36] And he that reapeth receiveth wages, and gathereth fruit unto life everlasting: that both he that soweth, and he that reapeth, may rejoice together. [37] For in this is the saying true: That it is one man that soweth, and it is another that reapeth. [38] I have sent you to reap that in which you did not labour: others have laboured, and you have entered into their labours.
We have countless stories in Church history about pagan peoples who embraced the Gospel with both hands, and lived like the early Christians after their conversion. So it is quite reasonable that some unbaptised persons could be faithful to God, in the small graces He has sent to them so far.
Lastly, the worn-out charge that "Baptism of Desire empties out all the value of water Baptism, missionary work, etc.." is ridiculous and has been disproven by historical fact. For centuries, the traditional Catholic doctrine on Baptism of Desire (which I have laid out in this post) was held, and yet there was never a shortage of priests or missionaries ready to give up their lives to save souls. So much for that charge.
Matthew