Jquery Version Conflict

Jquery Version Conflict

<head>
<script type="text/javascript" src="js/jquery.js"></script>
<script type="text/javascript" src="js/jtip.js"></script>       
</head> 
    <body>
       <!-- Slider Content -->

        <script type="text/javascript" src="js/jquery1.js"></script>
        <script type="text/javascript" src="js/jquery.easing.1.3.js"></script>
        <script type="text/javascript">
            $(function() {
            <!-- Function parameters -->
            });
        </script>
              
    <div class="container">
      <span class="down_box" id="">
      <a href="ajax.htm" class="jTip" id="one" name="member">
            <img src="images/pic2.jpg" alt="" width="78" height="72" />
      </a>
      </span>
     </div>
     </body>
</html>

If i comment      "   <script type="text/javascript" src="js/jquery1.js"></script>   " the tooltip works fine but this turns off the slider above.
jquery1 is 2011 version and jquery is 2006 version.
I want to use both the version simultaneously at different locations.