This patch changes Guile to use a default search path relative to the
location of the `guile' binary, allowing it to be relocated.

diff --git a/libguile/load.c b/libguile/load.c
--- a/libguile/load.c
+++ b/libguile/load.c
@@ -27,6 +27,7 @@
 #include <stat-time.h>
 #include <string.h>
 #include <stdio.h>
+#include <libgen.h>
 #include <sys/types.h>
 #include <sys/stat.h>
 #include <unistd.h>
@@ -334,6 +335,32 @@ scm_init_load_path ()
   SCM cpath = SCM_EOL;
 
 #ifdef SCM_LIBRARY_DIR
+  char *program, *bin_dir, *prefix, *module_dir, *ccache_dir;
+
+  /* Determine the source and compiled module directories at run-time,
+     relative to the executable's location.
+
+     Note: Use /proc/self/exe instead of argv[0] because the latter is
+     not necessarily an absolute, nor a valid file name.  */
+
+  program = scm_gc_malloc_pointerless (256, "string");
+  readlink ("/proc/self/exe", program, 256);
+
+  bin_dir = dirname (strdupa (program));
+
+  pref</td></tr></table>
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      cpath = scm_list_1 (scm_from_locale_string (ccache_dir));
     }
 
 #endif /* SCM_LIBRARY_DIR */