  We construct a Lipschitz metric for conservative solutions of the Cauchy
problem on the line for the two-component Camassa--Holm system
$u_t-u_{txx}+3uu_x-2u_xu_{xx}-uu_{xxx}+\rho\rho_x=0$, and $\rho_t+(u\rho)_x=0$
with given initial data $(u_0, \rho_0)$. The Lipschitz metric $d_{\D^M}$ has
the property that for two solutions $z(t)=(u(t),\rho(t),\mu_t)$ and $\tilde
z(t)=(\tilde u(t),\tilde \rho(t),\tilde \mu_t)$ of the system we have
$d_{\D^M}(z(t),\tilde z(t))\le C_{M,T} d_{\D^M}(z_0,\tilde z_0)$ for
$t\in[0,T]$. Here the measure $\mu_t$ is such that its absolutely continuous
part equals the energy $(u^2+u_x^2+\rho^2)(t)dx$, and the solutions are
restricted to a ball of radius $M$.
