Unfortunately, I cannot recall the exact specifics, but based on the output it seems to me that the glib developer package is not installed on the host you're on. I'd install glib from source first and set LD_PRELOAD to ~/lib assuming you put the relevant files there.

I don't have a Bluehost account currently, so that's the most I can help so far.

Let me know how it works for you.

I could build Midnight Commander from source, all the developer packages were present.

I neeed my MC in a shell. How'd you get by the dependency for GLIB on your Bluehost install? I've tried compiling both mc-4.6.1 and the newer mc-4.7.0-pre3 with the same sort of GLIB death:

checking for GLIB - version >= 1.2.6... no
*** The glib-config script installed by GLIB could not be found
*** If GLIB was installed in PREFIX, make sure PREFIX/bin is in
*** your path, or set the GLIB_CONFIG environment variable to the
*** full path to glib-config.
configure: error: Test for glib failed.
GNU Midnight Commander requires glib 1.2.6 or above.