Jquery conflict with plugins

Hi, I’m using the following jquery in a php include on my homepage.

It is causing a conflict with video plugin that also runs on the page. I am not a coding expert so I am trying to find if there is a way to modify the code below to resolve the conflict. I have come across suggestions on correct procedures for adding jquery to wordpress but I haven’t been able to figure out how to modify my code to solve the issue

Any thoughts are appreciated

<script type="text/javascript" src="http://ajax.googleapis.com/ajax/libs/jquery/1.3.2/jquery.min.js" ></script>
<script type="text/javascript" src="http://ajax.googleapis.com/ajax/libs/jqueryui/1.5.3/jquery-ui.min.js" ></script>
<script type="text/javascript">
	$(document).ready(function(){
		$("#featured > ul").tabs({fx:{opacity: "toggle"}}).tabs("rotate", 9000, true);
	});
</script>