Then you must first filter the two files before combining them with paste. One possibility is to use bash and process substitution to filter the files before pasting them together.
Only on the commandline you would open a bash terminal, and type e.g.
paste <(cut -d' ' -f 2 first.txt) <(cut -d' ' -f3 second.txt) > paste.txt
This would take the second column from file first.txt and the third column from file second.txt and paste them together into file paste.txt.
To do this on-the-fly inside gnuplot (see also https://stackoverflow.com/a/19290463/2604213 for an example), try
plot '< exec bash -c "paste <(cut -d'' '' -f 2 first.txt) <(cut -d'' '' -f3 second.txt)"' using 1:2
Of course you must changed the actual filtering calls to match your exact file structures, and pick the correct columns. Also, there are many other ways to do this, the important thing is to do the filtering before pasteing the files together.