1. In 1854 the Kansas territory was founded , in 1861 Kansas became the 34th U.S. state , in 1868 Wallace County was established .
2. In 1854 , the Kansas Territory was organized , then in 1861 Kansas became the 34th U.S. state . In 1868 , Wallace County was established .

Are these two sentences paraphrases of each other?
yes