Index: django/template/loader_tags.py
===================================================================
--- django/template/loader_tags.py	(revision 16315)
+++ django/template/loader_tags.py	(working copy)
@@ -143,20 +143,18 @@
         return output
 
 class ConstantIncludeNode(BaseIncludeNode):
-    def __init__(self, template_path, *args, **kwargs):
+    def __init__(self, template_name, *args, **kwargs):
         super(ConstantIncludeNode, self).__init__(*args, **kwargs)
+        self.template_name = template_name
+
+    def render(self, context):
         try:
-            t = get_template(template_path)
-            self.template = t
+            template = get_template(self.template_name)
+            return self.render_template(template, context)
         except:
             if settings.TEMPLATE_DEBUG:
                 raise
-            self.template = None
-
-    def render(self, context):
-        if not self.template:
             return ''
-        return self.render_template(self.template, context)
 
 class IncludeNode(BaseIncludeNode):
     def __init__(self, template_name, *args, **kwargs):
