Complex sentence: New ships were acquired and the "Escuela de Grumetes" (Navy Sailors School) was founded in 1934 and thhe "Escuela de Cadetes" (Navy Officers School) was founded in 1935.
Split into simpler sentences: New ships were acquired and the "Escuela de Grumetes" (School for Navy Sailors) was founded in 1934. The "Escuela de Cadetes" (School for Navy Officers) was founded in 1935.