then add your loader to:
MovieClip(root);
instead of the default timeline.
this should get your default image to load. then you can work on the next problem.
var Xpos:Number = 275;
var Ypos:Number = 180;
var jpg:MovieClip;
var loader:Loader = new Loader();
var defaultIMAGE:URLRequest = new URLRequest("swfs/mixed_media/one.jpg");
loader.load(defaultIMAGE);
loader.x =Xpos;
loader.y =Ypos;
MovieClip(root).addChild(loader);
///////////////////////////////////////////////////////////////////
//Btns Universal function
function btnClick(event:MouseEvent):void{
var newJPGRequest:URLRequest = new URLRequest("swfs/mixed_media/"+event.target.name+".jpg");
loader.load(newJPGRequest);
}
//Btn Listeners
one.addEventListener(MouseEvent.CLICK, btnClick);
two.addEventListener(MouseEvent.CLICK, btnClick);
three.addEventListener(MouseEvent.CLICK, btnClick);
four.addEventListener(MouseEvent.CLICK, btnClick);
five.addEventListener(MouseEvent.CLICK, btnClick);
six.addEventListener(MouseEvent.CLICK, btnClick);